Carvana acquires KAR Global’s U.S. physical auction business

(Reuters) – Online used-car seller Carvana Co said on Tuesday that it acquired Carmel-based KAR Global’s U.S. physical auto auction business, ADESA, for $2.2 billion.

(This story corrects to say “acquires”, not “to acquire”, in headline, paragraph 1)

(Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)